Down below $4 a gallon at last.
The average retail price of gasoline in the Sacramento, Calif., area fell 10.2 cents to $3.90 a gallon over the past week, according to today's report by SactoGasPrices.com, a GasBuddy.com website.
That's 9.6 cents per gallon higher than one year ago and 35.7 cents lower than last month.
Nationally, prices fell an average 3.2 cents to $3.53 a gallon.
The national average has decreased 17.6 cents in one month and stands 12.6 cents lower than one year ago.
"I have a sneaking suspicion that the election in Greece may stir up oil prices this week, and we could see oil prices gain as markets feel more upbeat about the economic situation," said Patrick DeHaan, a senior petroleum analyst for GasBuddy. "While any gains in oil prices won't likely be immediately felt, the debt situation in Europe bears keeping a close eye on as it has far-reaching global implications.
"Outside of that situation, West Coast wholesale gasoline prices are now among the lowest in the nation, with California, Oregon and Washington seeing their averages drop back under $4 a gallon."
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